India’s Supreme Court Sets 4-Week Deadline to Regulate Cryptocurrency

Time is running out for the Indian government and the Reserve Bank of India to ignore/wholesale ban cryptocurrency, according to a local publication called Inc42. Last April, as CCN reported, the RBI banned all financial institutions from working with cryptos. India has gone back and forth over the issue, but the Supreme Court seems to …

Reassessing ‘Satoshi’s Vision’ 100 Days after the BCH Divorce

When Bitcoin Cash split into two different blockchains in November 2018, it sent shockwaves through the cryptocurrency space. The resulting blockchains, Bitcoin Cash (BCH) and Bitcoin SV (BSV), both made major changes to the original code. But in the aftermath of the hash war, which one comes closest to representing Satoshi’s Vision? Why Did Bitcoin …

Microsoft Wants to Help Make Your ICO a Success

ICOs are not dead. Not when one of the world’s biggest tech corporations is venturing into it. Microsoft Azure, a cloud computing service created by Microsoft, recently listed Stratis in its products’ section. The platform, created by London-based Stratis Group, offers a web-based application that enables initial coin offering projects to manage token distribution. It …

Crypto Icon Da Hongfei Claims NEO Will Be #1 Blockchain by 2020

In the damp and drizzly Pacific northwestern city of Seattle, NEO (remember them?) held their DevCon conference last weekend. It was a chance for the passionate City of Zion developers, dApp developers, NEO enthusiasts, and skeptics alike to come together to find out about the cryptocurrency project’s ambitious plans moving forward – and, of course, to …

IBM Crypto Chief Sets Massive Bitcoin Price Target

IBM VP of Blockchain and Digital Currencies Jesse Lund is bullish on Bitcoin – so bullish, in fact, that he set a long-term $1 million price target. Bitcoin Price Has Million-Dollar Potential Lund revealed his long-term Bitcoin price target at the recent Think Conference, in an interview with Fred Schebesta. The IBM executive pointed out that …

Mike Novogratz-Backed BitGo Offers $100 Million in Crypto Insurance

BitGo, a crypto custodian backed by Goldman Sachs, is offering up to $100 million in insurance coverage for cold-wallet assets through Lloyd’s. There is no additional cost to BitGo clients. In a press release, the company said the $100 million of insurance coverage protects custodial assets held by BitGo against: Third-party hacks. Insider theft by employees …

A Huge EU Bank Just Ruthlessly Froze People’s Accounts. It Would Never Happen With Bitcoin

Spain’s second-largest bank, BBVA, has aggressively frozen up to 5,000 accounts without warning. Many of the accounts belonged to Chinese clients, leading to cries of racism. The bank, however, claims it was acting on Spanish anti-money laundering rules. Spain’s second-largest bank has apologized after hundreds of Chinese customers accused the group of racism for freezing …